Monthly Archives: April 2012

Seattle Market On Fire!

A quick look at recent Seattle sales shows that 39% of contracts in the past month were for homes on the market for ten days or less, indicating many multiple-offer situations and more than a few bidding wars.

 

 

Surprisingly, February Case-Shiller Does Not Show Gain

With all of the local reports of multiple-offer situations and bidding wars in the Seattle area, the most recent Case-Shiller Index came in with a surprising one-point drop to 128.99, the lowest level since April 2004.

Three markets, Phoenix, San Diego, and Miami saw gains, but nationwide, the numbers were similar to Seattle.